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Indian Bank raises Rs 5000 crore

26 Oct 2024 Evaluate

Indian Bank has raised Rs 5000 crore through the allotment of 7.12%, Senior, Rated, Listed, Unsecured, Redeemable, Long Term, Fully Paid-up, Non-Convertible Bonds in the nature of Debentures, Series II. Date of Allotment is October 25, 2024.  

Indian Bank was established as a part of the Swadeshi movement. The Bank provides a wide spectrum of banking products and services.


Peers
Company Name CMP
State Bank Of India 964.50
PNB 112.70
Bank Of Baroda 227.70
Canara Bank 119.60
Union Bank Of India 171.90
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